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2520 Tower Road

Rapid City, SD 57701
  • $2,390,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 79849
$2,390,000
  • 0
    BEDS
  • 1.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979

School Ratings & Info

Description

With over 1.2 acres of prime real estate in a highly desirable location, this is a great opportunity to own a hotel space with over 100 rooms in the heart of the Black Hills and just minutes from Mt. Rushmore. Perfectly located at the southern end of Mt. Rushmore road, this hotel sits next to the largest hospital and medical facilities within a 350 mile radius and is surrounded by restaurants within walking distance.This 101 unit hotel presents a lucrative chance for savvy investors seeking substantial returns. Boasting a prime location just minutes from downtown, this commercial property has huge potential for income generation especially during Sturgis' renowned Motorcycle Rally. Association with Super 8 is up for renewal at the end of May and is not required by new owners if they prefer to operate independently or associate with a different chain.

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© 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2024-05-29T23:45:04.527.
www.willdixonrealestate.com/homes/149742294
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2520 Tower Road Rapid City, SD 57701

  • Price: $2,390,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: 79849
0
Beds
0
Baths
0
½ Baths
1.28
Acres
1979
Built
Neighborhood:
Rapid City - City Center
Area:
Rapid City - City Center
Property Description
With over 1.2 acres of prime real estate in a highly desirable location, this is a great opportunity to own a hotel space with over 100 rooms in the heart of the Black Hills and just minutes from Mt. Rushmore. Perfectly located at the southern end of Mt. Rushmore road, this hotel sits next to the largest hospital and medical facilities within a 350 mile radius and is surrounded by restaurants within walking distance.This 101 unit hotel presents a lucrative chance for savvy investors seeking substantial returns. Boasting a prime location just minutes from downtown, this commercial property has huge potential for income generation especially during Sturgis' renowned Motorcycle Rally. Association with Super 8 is up for renewal at the end of May and is not required by new owners if they prefer to operate independently or associate with a different chain.
Exterior Features

Parking Spaces 98

Interior Features

Approx Building Sq Ft 23981

Property Features

Access Public Access Auction YN No Commercial Property Type Business/Land/Building(s) Documents On File Other (See Remarks) For Sale Or Rent For Sale Number Of Building Levels 3 Possession Immediate Short Sale No Subdivision YN No Terms CashNew Loan Type Lot Other Utilities Sewer City (At Site)

[Mount Rushmore Area Association of Realtors] logoListing information © 2024 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Justin Dike of Black Hills SD Realty: 605-791-2249.



© 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2024-05-29T23:45:04.527.
 
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Will Dixon Real Estate at Keller Williams Realty Black Hills
2401 West Main Street
Rapid City SD, 57702